JPMorgan plans autocallable contingent interest notes linked to Ford

By Susanna Moon

Chicago, Oct. 28 – JPMorgan Chase & Co. plans to price autocallable contingent interest notes due Nov. 18, 2015 linked to Ford Motor Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 12% if the stock closes at or above the trigger level, 80% of the initial share price, on the review date for that quarter.

The notes will be called at par plus the contingent coupon if the stock closes at or above the initial share price on any quarterly review date other than the final review date.

If the notes have not been called and the stock finishes at or above the trigger level, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 31 and settle on Nov. 4.

The Cusip number is 48127DQ68.

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